Description

Medical Lasers System - Global Market Outlook (2016-2022) Description

According to Stratistics MRC, the global market for Medical Lasers accounted for $4.94 billion in 2015 and is expected to grow at a CAGR of 14.8% to reach $12.98 billion by 2022. Technological advancements in laser technology have created excessive applications in the medical field. Factors such as smaller incisions, less pain and speedy recovery are boosting the technology adoption. Some of the significant factors contributing to the market growth include aging population, rising incidences of eye disorders and increasing importance of aesthetics. However factors such as stringent safety regulations and high rate of failure are inhibiting the market growth. The increasing demand for laser treatments and increased disposable incomes in emerging economies will create opportunities for medical lasers market. The medical lasers are used in wide range of applications such as diagnostics and cosmetic procedures.

Among the product types, solid state laser systems segment is expected to grow at the highest CAGR during the forecast period due to its usage in applications such as tattoo removal, periodontology and skin treatment. North America has the largest share in this market followed by Europe, where as Asia Pacific will be the fastest growing market during the forecast period due to rise in disposable income and increasing healthcare expenditure, mainly in China and India.

Regions Covered:North AmericaUSCanadaMexicoEuropeGermanyFranceItalyUK SpainRest of Europe Asia PacificJapanChinaIndiaAustraliaNew ZealandRest of Asia Pacific Rest of the WorldMiddle EastBrazilArgentinaSouth AfricaEgyptWhat our report offers:Market share assessments for the regional and country level segmentsMarket share analysis of the top industry players Strategic recommendations for the new entrantsMarket forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional marketsMarket Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)Strategic recommendations in key business segments based on the market estimationsCompetitive landscaping mapping the key common trendsCompany profiling with detailed strategies, financials, and recent developmentsSupply chain trends mapping the latest technological advancements